LETTER – At the rate we’re going with taxation, there will be no middle class
Re: ROTHENBURGER – What, exactly, is this middle class everyone’s talking about?
I read with some amusement your article discussing the middle class. The term is much abused. Perhaps a better definition, at least in Canada, would be based on their income tax bracket. Then perhaps Canadians would get mad enough at politicians to demand change.
You may not be aware that the federal income tax system now has four brackets topping out at 33 per cent. It is the second bracket that would define the ” Middle” of the pack.
The problem with this country is clear, we are being led by idiots. The political class in this country are not the builders of the economy. Most have never risked a single penny of their own or drop of sweat to create an enterprise employing someone other than themselves or their families.
Canada is being hollowed out as more and more people like me look to move our enterprises somewhere else. The reward for employing people in this country and building new technology is non existent.
At the rate we are going with taxation, there will be no middle class, just working poor people and a few rich people. The unsustainable participation in the economy of government at 45% will come to an end when those working poor people realise how much they have been ripped off by the public sector.
MICHAEL D. COTE, MBA, PhD
CEO, Payroll Solutions International Inc
And where exactly would you want to move your enterprise, if you don’t mind me asking?
When one considers the “whole” (most of) Canada is still a pretty desirable place to live. I agree many things could/should be improved but overall I don’t think there are any real alternatives.
Monaco Montecarlo and maybe Switzerland are good places to be if one has millions but that is no middle-class. Plus these places are in Europe…chaotic, polluted, crazy and even dangerous Europe.